Amazon India’s wholesale business cart gets infusion of Rs 160 crore
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An Amazon India spokesperson told ET, "We continue to invest in India as part of our long-term commitment but we do not comment on specific details of our investments."
The Amazon India wholesale business started in 2013 and includes fast-moving consumer goods (FMCG), food and beverages, office supplies, IT products, health and personal products and cleaning supplies.
It also serves as a marketing and distribution channel for
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Amazon CEO
According to a 2014 report by Walmart, the Indian B2B market has the potential to grow to $700 billion by 2020. The sector has seen an increasing push from
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